Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report in CNBC, Target will launch three lines of lingerie and sleepwear this spring in direct competition to Victoria’s Secret. The...
February 28, 2019
As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer closes an average of around 15 stores annually and has 1,143 stores around the globe overall, CNBC reported. Company executives said, according to the outlet, “There are no constraints. We […]
February 25, 2019
Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report in CNBC, Target will launch...